Cevian's Gardell-Volvo still long-term investment

Newswire

STOCKHOLM, July 27 (Reuters) - Cevian Capital head Christer Gardell said on Friday he still saw the activist fund's stake in truck maker Volvo as a long-term investment despite the withdrawal of a partner in the firm that holds the shares. "This changes nothing. We are long-term and will continue to be there and influence Volvo," Gardell told Reuters. Cevian said earlier on Friday that partner fund Parvus was leaving the joint venture set up by the two firms to hold a stake in Volvo, ...

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